Exam 3 study questions Flashcards
(104 cards)
Declaration of summer gas prices are readily seen in the pumps because wholesale prices tend to react almost instantaneously to crude price fluctuations.
TRUE
Conversion requires chemical processing of the fractions to refine the crude oil. What is the precondition for that?
Fractions treated for impurities
LNG stands for ____ and consists primarily of _____.
liquified natural gas; methane
WTI Light Sweet Crude is the benchmark crude for the United States?
TRUE
Which of the following is not a driver of refinery profitability?
Lowest value products
Which of the following is not a primary reference for refining margins?
Singapore
Which one of the following is not a spread used as a financial instrument?
LNGs Spread
Three specific petrochemicals from Stage 1 form the foundation of the industry. This is from the lecture on petrochemicals. These three petrochemicals are:
Ethylene, propylene, and benzene
What petrochemical product is used in baby diapers from the slides on Petrochemicals? This is to illustrate the importance of the petrochemical industry. Hint: This is from the lecture slides.
SAP
What are the three principal feedstocks for the chemical industry. (I do not mean the base petrochemicals. I am asking about the feedstocks into the chemical industry.)
Naptha, natural gas, and natural gas liquids
You just purchased a bottle of your favorite soft drink at the convenience store. This bottle is most likely made from which of the following plastics? (Hint: This question is from the Petrochemicals lecture.
Polyethylene terephthalate (PETE)
What are the three sectors that the electric industry is broken into?
generation, transmission & distribution, and retail sale of electricity
You just ate an entire Bloomin’ Onion at Outback Steakhouse. It had 3080 calories. Yes – This is true! How many hours could the amount of energy contained in the Bloomin’ Onion power a 100 watt light-bulb?
Around 35 hours
Which of the following countrieswas the largest user of hydropower (in % of sources) in 2014 for electric power generation? Remember that hydropower is a renewable energy source.
Norway
Which of the following countrieswas the largest user of nuclear energy (in % of sources) in 2014 for electric power generation?
France
Which of the following countries was the largest user ofpetroleum (in % of sources) in 2014 for electric power generation?
Saudi Arabia
According to the author of the book Energy Myths and Realities, a switch to an all electric automobile fleet in the U.S. would require an increase in electrical power generation equal to _____ of all U.S. electrical generation in 2008.
25 percent
The man responsible for the U.S. Navy’s nuclear propulsion program.
Rickover
What was the name of the plan that sought to demonstrate America’s nonthreatening, peaceful nuclear capability and was also designed to attract the attention of non aligned countries interested in new forms of energy-the economical generation of electricity for domestic use for not its primary goal?
Atom for Peace
Commercial fusion uses neutrons to split nuclei of the heaviest natural element, uranium; fission, the joining of the lightest nuclei, powers stars and hydrogen bombs.
FALSE
Who told the National Association of Science Writers in New York that our children will enjoy in their homes electrical energy too cheap to meter?
Lewis L. Strauss
What were the improvements in gasoline engines and advances in car constructions that combined made electric vehicles the losers in the vehicular evolutionary race?
All of the choices
In 1899, U.S. carmakers produced more electric vehicles compared to gasoline-powered cars.
TRUE
In 1901, which company was both the largest manufacturer and the largest owner and operator of motor vehicles in the USA?
Pope’s Electric Vehicle Company